The largest fine to date of £500,000 has been charged by the Information Commissioner’s Office (ICO) to Equifax for its data breach. The loss of personal data has affected 15 million Britons. The cyber-attack was carried out in 2017 which means it does not come under the more recent General Data Protection Regulation (GDPR). However,
Equifax is charged the largest fine yet by the ICO for its data breach Read More »
Only a month after WannaCry, a new malware attack is spreading like wildfire across Europe, India, Russia and is definitely heading towards America. A variant of the Petya/Petrwrap malware virus has already affected companies in Spain, France and the UK. Symantec has confirmed the ransomware is using EternalBlue, the same exploit as last month’s WannaCry
CIFAS, the Fraud Prevention organisation, has revealed that numbers of young identity fraud victims (those aged 30 and under) have increased by a staggering 52% since 2015. The survey also revealed that 50% of the young people surveyed believed they would never fall for an online scam. Why are young people so blasé about identity
Why are young people failing to protect themselves against identity fraud? Read More »
Last month, the papers reported that two major US technology firms were deceived by Evaldas Rimasauskas, a Lithuanian criminal, into sending him $100 million through an email whaling scam. It has just been confirmed that Google and Facebook were the two companies that were the victims of this scam. The two companies did not confirm
$100 million whaling scam: A “wake up call” for even the most sophisticated firms. Read More »
The Carbanak malware was injected into the bank targets using sophisticated spear phishing emails. When employees clicked on the email attachments, they downloaded malware onto their computers. The malware used was completely undetectable by anti-malware programs. The malware took advantage of a zero-day exploit to install itself on users’ machines. It lurked for a long
Carbanak requires people, process and tech, but mostly people Read More »
Gone are the days where you could go out and spend your annual security budget on a set of brightly coloured firewalls that look good in racks. Here are the days where you have to satisfy yourself that all this kit you bought does what it says on the tin. What might come as a
For Cyber Resilience Assume the Worst – Tim Holman writing for ComputerWeekly.com Read More »
